According to Wu, f2pool data shows that with Bitcoin trading below $58,000, inefficient miners face challenges in current market conditions. At a rate of $0.08/kWh, ASICs with an efficiency below 23 W/T are losing money.
![](https://public.bnbstatic.com/image/pgc/202407/55a7317322e642618d9eba4564ce7d1e.jpg)
According to Wu, f2pool data shows that with Bitcoin trading below $58,000, inefficient miners face challenges in current market conditions. At a rate of $0.08/kWh, ASICs with an efficiency below 23 W/T are losing money.